Buckle up, America! The 2023 statistics are in, and it's a tale of two realities. Household incomes rose by 4% on an inflation-adjusted basis – a much-needed glimmer of hope after years of stagnation. But, the glass is half-empty for others. What does this 4% rise really mean? Is it enough to make
Boston's beloved restaurants are struggling. This summer, typically a slower period anyway, was especially tough. Diners are spending less, coming out less often, and industry experts are asking: is this just a summer blip, or a sign of deeper trouble? We hear from restaurant owners about rising c
Is renting everything really the new normal? A recent survey by Intuit Credit Karma suggests it might be, with 28% of adults routinely renting goods and services, and a whopping 47% when it comes to housing. But is this shift driven solely by affordability, or is there more to the story? The survey
The IRS is celebrating a major win: collecting $1.3 billion from high-wealth tax dodgers since last fall. But is this just a drop in the bucket? Consider this: in 2019, the top one percent owed more than one-fifth of all unpaid taxes. That means ordinary Americans were picking up the slack. The
Vice President Kamala Harris recently unveiled a plan aimed at giving small businesses a much-needed boost. The plan includes increasing the tax deduction for startup expenses, easing the process for certifications, and creating a fund to help small businesses access capital. But before we get too
Round-tripping! Channel stuffing! Back-dated contracts - what do these fancy accounting terms really mean? Let's dive into the shady world of fraudulent practices used by Sushovan Hussain, the former CFO of Autonomy who recently got 5 years in prison and a ban on accounting until 2038. According to
As the presidential race heats up, so too does the battle for control of the U.S. House of Representatives. With Joe Biden out of the running, both Kamala Harris and Donald Trump are trying to paint each other as the incumbent in a bid to win over swing voters who may be looking for change after ne
The Inflation Reduction Act is making waves in the healthcare industry as it takes on the issue of escalating prescription drug prices, bringing relief and fairness to countless Americans. At the U.S. Department of Health and Human Services, the vision of a healthcare system where no one has to aban
